Crypterium, the Estonia-based company creating contactless payment solutions, will hold an Initial Coin Offering (ICO) for a revolutionary mobile cryptobank project. In total, the company aims to collect USD 75 million during the token sale.
Yeah, very solid company! Will keep an eye on it!
Interesting concept. Market adoption is going to be the key to differentiating from other projects like this, I would say TenX is probably going to be the biggest competition, and they have first mover advantage. That said, the lending platform is a significant product advantage over TenX and will probably make this a more interesting/profitable investment long term.
The idea seems great: to be able to spend any cryptocurrency via mobile phones opens is really exciting but that is not exclusive to crypterium.
What seems to make crypterium unique is the idea of a decentralised bank that provide every advantage of a traditional while not try to "rob" their costumers. The possibility of lending, the open platform for developers on top of these make this project really promising.